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Marine Debris, Beach Quality and Non-Market Values

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Author Info

  • Smith, V. Kerry
  • Xiaolong Zhang
  • Raymond B. Palmqvist

Abstract

This paper reports the first attempt to measure the importance of controlling marine debris as an aesthetic characteristic of beaches and coastal area. The results are based on a contingent valuation survey designed to estimate the economic value people would place on controlling marine debris on recreational beaches in New Jersey and North Carolina. A Weibull survival model was estimated treating the for and against votes as defining censoring points for the unknown willingness to pay distribution. The findings suggest: (1) people do distinguish situations with differing amounts of debris when they are described using color photographs; (2) the pilot survey implies measures of people's willingness to pay (WTP) for debris control are consistent wiht larger WTP associated with programs intended to address situations for more serious background levels of debris; and (3) local beach conditions seem to influence how people interpreted the plans describing beach conditions without the proposed control programs.

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Bibliographic Info

Paper provided by Duke University, Department of Economics in its series Working Papers with number 95-35.

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Date of creation: 1995
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Publication status: Published in ENVIRONMENTAL AND RESOURCE ECONOMICS, Vol. 10, 1997, pages 223-247
Handle: RePEc:duk:dukeec:95-35

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Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097
Phone: (919) 660-1800
Fax: (919) 684-8974
Web page: http://econ.duke.edu/

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References

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  1. Richard T. Carson & W. Michael Hanemann & Raymond J. Kopp & Jon A. Krosnick & Robert Cameron Mitchell & Stanley Presser, 1998. "Referendum Design and Contingent Valuation: The NOAA Panel's No-Vote Recommendation," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 335-338, May.
  2. Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
  3. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
  4. Beggs, S. & Cardell, S. & Hausman, J., 1981. "Assessing the potential demand for electric cars," Journal of Econometrics, Elsevier, vol. 17(1), pages 1-19, September.
  5. McConnell, K. E., 1990. "Models for referendum data: The structure of discrete choice models for contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 19-34, January.
  6. Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September.
  7. V. Kerry Smith, 1993. "Nonmarket Valuation of Environmental Resources: An Interpretive Appraisal," Land Economics, University of Wisconsin Press, vol. 69(1), pages 1-26.
  8. Poirier, Dale J., 1980. "Partial observability in bivariate probit models," Journal of Econometrics, Elsevier, vol. 12(2), pages 209-217, February.
  9. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
  10. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
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Citations

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Cited by:
  1. Phaneuf, Daniel J. & Smith, V. Kerry, 2006. "Recreation Demand Models," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 15, pages 671-761 Elsevier.
  2. Pouta, Eija, 2005. "Sensitivity to scope of environmental regulation in contingent valuation of forest cutting practices in Finland," Forest Policy and Economics, Elsevier, vol. 7(4), pages 539-550, May.
  3. Angel Bujosa Bestard & Antoni Riera Font, 2008. "Environmental diversity in recreational choice modelling," CRE Working Papers (Documents de treball del CRE) 2008/5, Centre de Recerca Econòmica (UIB ·"Sa Nostra").
  4. Freeman, Miranda & Dunford, Richard W., 2003. "The New Carissa Shipwreck: Aesthetic Impact On Coastal Recreation," 2003 Annual meeting, July 27-30, Montreal, Canada 22139, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. Diane Dupont, 2003. "CVM Embedding Effects When There Are Active, Potentially Active and Passive Users of Environmental Goods," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 25(3), pages 319-341, July.
  6. Bateman, Ian J. & Brouwer, Roy, 2006. "Consistency and construction in stated WTP for health risk reductions: A novel scope-sensitivity test," Resource and Energy Economics, Elsevier, vol. 28(3), pages 199-214, August.
  7. Nir Becker & Yael Choresh & Ofer Bahat & Moshe Inbar, 2010. "Cost benefit analysis of conservation efforts to preserve an endangered species: The Griffon Vulture (Gyps fulvus) in Israel," Journal of Bioeconomics, Springer, vol. 12(1), pages 55-70, April.

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